LME to keep open-outcry closing prices after electronic trial

Bard Ventures (CVE:CBS) was up 7.69% on Friday, bucking a down day in the markets when the S&P/TSX Composite index was down 2.34%, after the company announced drill results of 70.49 gm/t silver over 214.7m at Lone Pine Property. Bard Ventures said that the positive results received from drill hole BD-11-69 demonstrate the continuity of high grade molybdenum (Mo), copper (Cu) and silver (Ag) mineralization over a horizontal distance of 131 meters from drill hole BDQ-08-03 through BD-11-69 to BDQ-08-04.

Alaska's Pebble deposit presents big problems for Northern Dynasty, the junior Canadian miner that wants to cash out of its sole asset. Pebble has an eye-popping recoverable resource of 67 million ounces of gold and 55 billion pounds copper with some molybdenum thrown in for good measure which at today's prices is worth over $300 billion in total. The Vancouver company shares the venture with Anglo-American but the $4.7 billion development costs could be too rich even for the London-listed giant's blood. Apart from the problem of finding a heavyweight buyer for its 50%, Dynasty also faces opposition from a $150 million a year salmon fishery near the site and local environmental protesters who have enlisted the support of Hollywood celebrities like Robert Redford.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2011) - Entrée Gold Inc. (TSX:ETG)(NYSE Amex:EGI)(FRANKFURT:EKA) ("Entrée" or the "Company") has received assay results from three additional deep diamond drill holes on the 100% owned Ann Mason copper molybdenum porphyry deposit in the Yerington district of Nevada. Drilling continues to return long intercepts (448 metres to 814 metres) averaging from 0.35% to 0.43% copper equivalent ("CuEq"). Higher grade mineralization, including intervals greater than 0.60% CuEq, is present in these holes, as shown in Table 1 below. Hole locations and cross sections can be viewed at www.entreegold.com.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to provide an update on the Demirtepe Project in western Turkey where drilling by Empire has consistently encountered significant grades and intervals of copper-gold-silver and molybdenum skarn mineralization in the Main Zone, including Discovery Hole DTH-001 which intersected2.02% copper, 0.96 g/t gold and 21.64 g/t silver over 47.35 m from 112.2 m to 159.55 m, including 8.0 m of 9.1% copper, 4.68 g/t gold and 95.3 g/t silver.

Radio Free Europe reports an increase in world prices for base metals has made a 60-year old German-owned mining company the largest corporate taxpayer in Armenia. Data from the positively Soviet-sound State Revenue Committee released on Tuesday show the Zangezur Copper and Molybdenum Combine paying more than 15 billion drams ($41 million) in various taxes and duties in the first half of this year, compared to just 5.5 billion drams the same period last year.

Thompson Creek announced revenue for the second quarter of 2011 was $190.9 million, up 28.6% from $148.4 million in the second quarter of 2010. Revenue for the first six months of 2011 was $397.6 million, up 44% from $276.2 million for the same period in 2010. Sales volumes for the second quarter of 2011 were 10.8 million pounds, up 25% from 8.6 million pounds in the second quarter of 2010. Sales volumes for the first six months of 2011 were 22.4 million pounds, up 30.4% from 17.2 million pounds for the same period in 2010.

A copper mine proposed for southern Arizona is stuck in limbo while federal regulatory agencies decide whether to grant the mining company a permit. Canadian Business said Monday that Rosemont Copper is waiting for the U.S. Army Corps of Engineers to grant or deny a permit for the mine, located on a mix of private and public land in the Santa Rita Mountains some 30 miles southeast of Tucson.

China has discovered its largest molybdenum deposit containing 2.2 million tons of the silvery metal, which ranks the second largest in the world, in east China's Anhui province. Anhui Geology and Mineral Resources Bureau estimate the deposit in Jinzhai county has 1.275 billion tons of ore which contains 2.2 million tons of molybdenum, said Wu Yulong, head of the bureau.

Canada’s mining industry continues to rally from the recent global recession, with this year’s production currently exceeding that of 2010, reports government department Natural Resources Canada (NRCan).